Containerboard Market Size

Containerboard Market Size

Containerboard Market size was over USD 160 billion in 2018 and industry expects demand of above 250 million tons by 2025.

Growing demand for lightweight packaging material in order to increase supply chain efficiency and product safety will promote containerboard market in forecast timeframe. These sheets are used in producing cardboards which are utilized in drugs, food, chemicals and engineering goods packaging. Beneficial government norms regarding recycled paper usage in order to protect environment is likely to prompt product demand by 2025. 

These products possess toughness, high resistance to stacking and vibration along with minimal impact from side or top pressure & crushing. These are beneficial in reducing shipping and transportation cost which decrease overall packaging and carriage cost. These factors are likely to propel the market size in projected timeframe.

Global crop protection market size is anticipated to surpass USD 75 billion by 2023 owing to its benefit in increasing crop yield in order to maximize agricultural output. Paperboard Containers are extensively used in paper boxes manufacturing which are used in transporting and carrying crop protection products. Growing usage of agricultural chemicals including pesticides and herbicides in order to protect crop from insects and worms is anticipated to fuel market growth by 2025. 
 

Global beverage industry is projected to surpass USD 1.9 trillion by 2021. Paperboard containers are utilized in product packaging and beverage transportation owing to its property to protect beverages from outside influences like bacteria contamination and microbial growth. It enhances thermoforming properties thereby safeguarding beverages from direct sunlight and UV rays which may stimulate the market growth by 2025.
 

Chemical processing and harvesting of wood for paper manufacturing has resulted in deforestation which has deleterious effect on environment will hamper industry growth. In addition, fluctuating wood pulp prices which is a key raw material for commercial production may limit industry profitability, thus affecting market price trend.